Im just a student in the art of trading. I just started daytrading from my home and my initial capital is $50,000. I dont have any job and all day long I have been at the screen watching the market right along with CNBC. I am starting this journal so as to collect feedback and ideas. All of my experience and education comes right from books, but not actual trading. Right now Im watching the market and already made a mistake by deviating from my thesis that there would be short covering into the close because of the initial claims and gdp reports coming out tommorrow. Thats a 500-700 mistake right there. The main instrument I am going to utilize is the TNA/TZA etfs. I am familiar with the ES, but its simply too leveraged for my tastes and that is all together a different game. Options is not for me because I dont understand them and know I never will. Trading stocks is a difficult game too. I really dont understand how many of these companies trade or the economics behind it. For all I know, there are a bunch of guys at a few trading desks around NYC holding them up and I will get trapped in the middle of all this. My background is in construction and I have no interest in working for a prop firm or any kind of fund or institution. I enjoy the privacy and peace of my home and answering to myself. Prop firms please do not send me any pms, not interested. So I invite feedback and suggestions as I am just a student of the market. Im going to post my thoughts on the market each day along with a few charts from the software I have. Here is a blotter of my first trades for today.